Tag: Finance Ministry

MSMEs Want Finance Ministry to Make Progressive Corporate Tax Structure
LimeLight, News

MSMEs Want Finance Ministry to Make Progressive Corporate Tax Structure

SMEStreet Desk- June 14, 2019

The Union Minister of Finance Nirmala Sitharaman held her third Pre- Budget Consultation Meeting with the stakeholders from the financial sector and capital markets. In ... Read More

Finance Ministry Starts Preparation for Fresh Banking Consolidation
InFocus, Finance

Finance Ministry Starts Preparation for Fresh Banking Consolidation

SMEStreet Desk- May 28, 2019

“The next round of bank consolidation may take place in the third quarter of FY20 as enough room has to be given to PSBs to ... Read More

Govt Indicated Slow Economic Growth for FY 2018-19
InFocus, Finance

Govt Indicated Slow Economic Growth for FY 2018-19

SMEStreet Desk- May 4, 2019

“India’s economy appears to have slowed down slightly in 2018-19. The proximate factors responsible for this slowdown include declining growth of private consumption, tepid increase ... Read More

Banks Yet to Transmit Repo Rate Benefits: FinMin Report
InFocus, Finance

Banks Yet to Transmit Repo Rate Benefits: FinMin Report

SMEStreet Desk- May 3, 2019

Commercial banks are yet to transmit the repo rate cuts by the Reserve Bank of India, a report said. Though easing of monetary policy has ... Read More

In IL&FS Crisis, MCA Might Examine Deloitte’s Role
InFocus, Finance

In IL&FS Crisis, MCA Might Examine Deloitte’s Role

SMEStreet Desk- April 30, 2019

This agreement for exchange of CbC reports, along with the Bilateral Competent Authority Arrangement, will enable both the countries to automatically exchange CbC reports filed ... Read More

Finance Ministry to Restrict GST Evasion Through E-Way Bill
LimeLight, Analysis

Finance Ministry to Restrict GST Evasion Through E-Way Bill

SMEStreet Desk- April 25, 2019

The Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for the generation of e-way ... Read More

NPA Mechanism to Get Revised Soon, RBI & FinMin to Work Together
LimeLight, Analysis

NPA Mechanism to Get Revised Soon, RBI & FinMin to Work Together

SMEStreet Desk- April 4, 2019

The Finance Ministry and the Reserve Bank of India (RBI) may soon start consultations with each other to find out a revised mechanism on non-performing ... Read More